Who Made the Cash Register Ring in the Vienna Real Estate Bubble in 2025?

Auris Immo Solutions

A building in the second district of Vienna changed ownership in June of this year for around 51.7 million euros. The seller was NBHF Eins Wohnpark GmbH & Co. KG, founded in 2012 under the name BUWOG CEE GmbH & Co. KG. The buyer, on the other hand, is AURIS Immo Solutions GmbH. The building, which comprises around 1,430 square meters of usable space, was constructed and designated as subsidized housing. 

Austrian People's Housing Association

The Austrian People's Housing Association has also been particularly active this year. Three apartment buildings and one building came into its ownership. Cost: 116.6 million euros. The company is a wholly-owned subsidiary of Erste Bank, which, incidentally, was the selling party in all the deals. The focus of construction activity at ÖVW is on rental and owner-occupied apartments.

Akron Real Estate Group

The Center Alterlaa in Vienna-Liesing was sold for 40.4 million euros at the end of August. Behind the purchase is the Akron Real Estate Group, led by investors Christian Wernigg and Stefan Ausch. The company operates internationally and manages shopping centers and office properties in Austria, Germany, Poland, and the Netherlands, among others. 

Vienna Insurance Group

11,000 square meters and 166 apartments: That is the residential complex Susi-Nicoletti-Weg in the 10th district. The whole project was completed in 2019 under Bank Austria as the developer - which has now sold it this year. And indeed to Vienna Insurance Group, which shelled out a purchase price of 40.2 million euros. 

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(Red)

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